Residential solar is expensive because you don't have the same economy of scale you see in utility-scale deployments. Also something like 1/3 of the cost is "soft costs" such as marketing and the crazy red tape associated with permitting.
The latest academic modelling shows that we can meet 70-80% of energy demand from renewable energy alone, even without storage. All it requires is building a modest excess of capacity and a 50/50 wind/solar mix. When it comes time to add storage, battery storage costs have been plummeting and already dropped 75% over the last 6 years: https://www.greentechmedia.com/articles/read/report-levelize...
Residential solar is expensive because you don't have the same economy of scale you see in utility-scale deployments. Also something like 1/3 of the cost is "soft costs" such as marketing and the crazy red tape associated with permitting.
The latest academic modelling shows that we can meet 70-80% of energy demand from renewable energy alone, even without storage. All it requires is building a modest excess of capacity and a 50/50 wind/solar mix. When it comes time to add storage, battery storage costs have been plummeting and already dropped 75% over the last 6 years: https://www.greentechmedia.com/articles/read/report-levelize...